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<p>[QUOTE="yakpoo, post: 1225272, member: 18157"]Cloud...I guess I have to side with the "ill-informed" on this one. In my humble opinion, silver and gold rise when there's no better place to store wealth. Should that dynamic change, the trajectory of silver and gold prices will change as a matter of course.</p><p><br /></p><p>I can see a scenario where saner heads prevail and we get our fiscal house in order. This will likely require a prolonged period of "belt tightening" resulting in low growth and low inflation. Interest rates will need to float to a point of equilibrium...which will be higher than they are now.</p><p><br /></p><p>That will have a depressing effect on PMs, but most notably, silver. The amount of physical, above ground silver can easily meet industrial demand for quite some time. Once the "Progressives" are routed from office and the current financial "panic" subsides, it will be back to business as usual and PMs will stabilize at much lower levels...(imho).</p><p><br /></p><p>...or we can leave the Progressives in place and stock up on can goods and ammo. :sniper:[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1225272, member: 18157"]Cloud...I guess I have to side with the "ill-informed" on this one. In my humble opinion, silver and gold rise when there's no better place to store wealth. Should that dynamic change, the trajectory of silver and gold prices will change as a matter of course. I can see a scenario where saner heads prevail and we get our fiscal house in order. This will likely require a prolonged period of "belt tightening" resulting in low growth and low inflation. Interest rates will need to float to a point of equilibrium...which will be higher than they are now. That will have a depressing effect on PMs, but most notably, silver. The amount of physical, above ground silver can easily meet industrial demand for quite some time. Once the "Progressives" are routed from office and the current financial "panic" subsides, it will be back to business as usual and PMs will stabilize at much lower levels...(imho). ...or we can leave the Progressives in place and stock up on can goods and ammo. :sniper:[/QUOTE]
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